Galaxy Supermarket reports net profit of Rs 151.88 lakh for FY26

1 min read     Updated on 22 May 2026, 11:32 PM
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Galaxy Supermarket Limited reported a net profit of Rs. 151.88 lakh for the financial year ended March 31, 2026, reversing from a net loss of Rs. 329.08 lakh in the previous year. Revenue from operations increased significantly to Rs. 4231.43 lakh. The Board also reconstituted key committees following changes in directorship.

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Galaxy Supermarket Limited has announced its audited financial results for the quarter and financial year ended March 31, 2026. The company reported a significant turnaround, posting a net profit of Rs. 151.88 lakh for the financial year ended March 31, 2026, compared to a net loss of Rs. 329.08 lakh in the previous year.

Financial Performance

The company's revenue from operations for the financial year 2025-26 surged to Rs. 4231.43 lakh, up from Rs. 1523.16 lakh in the previous year. For the quarter ended March 31, 2026, the revenue from operations stood at Rs. 1185.47 lakh. The total income from operations for the year was Rs. 4239.94 lakh.

Metric Year Ended March 31, 2026 Year Ended March 31, 2025
Revenue from Operations (Rs. in Lakhs) 4231.43 1523.16
Total Income from Operations (Rs. in Lakhs) 4239.94 1613.95
Net Profit/(Loss) for the period (Rs. in Lakhs) 151.88 (329.08)
Earnings Per Share (Basic) (Rs.) 0.31 (0.70)

Operational Highlights

The Board of Directors approved the audited financial results at its meeting held on May 22, 2026. The statutory auditors issued an unmodified opinion on the financial results. The company noted that its entire net worth has been eroded due to losses in previous years, and current liabilities exceed current assets, indicating material uncertainty about its ability to continue as a going concern. However, management expressed confidence that initiatives taken to boost sales and reduce costs will yield sustainable cash flows.

Corporate Governance

Pursuant to the demise of Mr. Vijai Singh Dugar, Independent Director, and the resignation of Mr. Sunil Samal, Non-Executive Director, the Board has reconstituted the Nomination & Remuneration Committee and Stakeholders Relationship Committee with immediate effect. The trading window, which was closed from April 1, 2026, will reopen 48 hours after the announcement of the financial results.

Historical Stock Returns for Galaxy Supermarket

1 Day5 Days1 Month6 Months1 Year5 Years
+4.97%+28.74%+14.62%+28.57%-50.41%+17.82%

Can Galaxy Supermarket sustain its revenue growth trajectory in FY2026-27 given the going concern uncertainty flagged by auditors, and what specific milestones would signal a resolution of its net worth erosion?

How will the reconstitution of the Nomination & Remuneration Committee and Stakeholders Relationship Committee impact corporate governance and investor confidence in the near term?

What financing options or strategic partnerships is Galaxy Supermarket likely to pursue to address the imbalance between current liabilities and current assets?

Galaxy Supermarket director Sunil Samal resigns effective May 21

1 min read     Updated on 21 May 2026, 09:02 PM
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Galaxy Supermarket Limited announced the resignation of Non-Executive Director Mr. Sunil Samal effective May 21, 2026, due to personal reasons. He has also stepped down from the Nomination & Remuneration Committee. The Board acknowledged his contributions and confirmed that no other material reasons were cited for the resignation.

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Galaxy Supermarket Limited has informed the stock exchanges regarding the resignation of Mr. Sunil Samal from its Board of Directors. The intimation was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Mr. Sunil Samal, who served as a Non-Executive Director, tendered his resignation via a letter dated May 21, 2026. The resignation was received through email on the same day and is effective immediately from May 21, 2026. The director cited personal reasons for stepping down from his role.

As a result of this resignation, Mr. Samal has also ceased to be a member of the Nomination & Remuneration Committee of the company. The Board of Directors placed on record its appreciation for the valuable contribution and guidance provided by him during his association with the company.

Details of Resignation

The company disclosed specific details regarding the change in directorship in an annexure to the regulatory filing. The key particulars are summarized below:

Sr No. Particulars Information
A Reason for change Resignation due to personal reasons; ceased to be Member of Nomination and Remuneration Committee
B Date of cessation 21 May, 2026
C Brief profile Not Applicable
D Disclosure of relationships Not Applicable

In his resignation letter addressed to the Board and the Company Secretary, Mr. Samal confirmed that there were no other material reasons for his resignation apart from the personal reasons stated. He requested the Company Secretary to intimate the Registrar of Companies and file Form DIR-12 and other necessary compliances under the Companies Act, 2013 and SEBI regulations.

Mr. Samal expressed his gratitude to the Board members for their cooperation and support during his tenure and conveyed his best wishes for the company's future growth and success. The resignation has been accepted and the necessary procedural filings are being undertaken.

Historical Stock Returns for Galaxy Supermarket

1 Day5 Days1 Month6 Months1 Year5 Years
+4.97%+28.74%+14.62%+28.57%-50.41%+17.82%

Who will Galaxy Supermarket appoint as a replacement Non-Executive Director, and what expertise profile will the board prioritize to fill the vacancy?

How will the vacancy in the Nomination & Remuneration Committee affect pending decisions on executive compensation or leadership appointments at Galaxy Supermarket?

Does this resignation signal any broader governance concerns or strategic shifts at Galaxy Supermarket that investors should monitor in upcoming quarterly disclosures?

More News on Galaxy Supermarket

1 Year Returns:-50.41%